This tax liability reduction practise, either through legitimate or illegitimate options, is known as “Tax Avoidance”, “Tax Evasion” and “Tax Planning. Although the words “Tax avoidance” and “Tax evasion” and “Tax planning” sound similar but in practical scenarios they are radically different.
Corporate Tax Planning
Talking about corporate tax planning, probably most of the entrepreneurs will agree to the fact that taxation has the most dynamic and complex challenges to represent. It’s within most of our knowledge that the tax, regulatory and legal developments have a significant impact on the business operations.
Having insights of professional tax experts at your back can effectively aid you in tax planning. We at VJM & Associates LLP have a team consisting of the corporate tax and international tax professionals. The hands-on experience of our professional domestic as well as international tax planning experts can structure your business in the most optimal way.